CBI comments on new Board of Trade

The Board of Trade is to be revived as an advisory body to attract more inward investment to the United Kingdom and boost exports.

Josh Hardie, deputy director general of the Confederation of British Industry (CBI), added: "We look forward to working with the government to explain these benefits and make the case for free trade".

However, the Secretary of State for International Trade is the only official member of the board and would be its chair.

'That is why we are drawing on prominent figures from business and politics across the country and not just restricting to Privy Councillors, as happened in the past'.

Liam Fox had better not be late for meetings of the United Kingdom government's new Board of Trade - because he is its only official member.

A government spokeswoman added that the Board's revival was part of ensuring that the country had a trade policy after Brexit, in which the United Kingdom will leave the European Union in March 2019.

However, membership of the board of trade, which was first established in the 17th century but whose functions were long ago subsumed by Whitehall departments, is limited to Dr Fox.

Previous politicians who have enjoyed using the title have been Harold Wilson and Lord Heseltine.

The board will meet four times a year, with meetings rotated around the United Kingdom "guaranteeing all parts of the union have a chance to raise the issues most important to them".

Related News:

  • San Antonio Drops from Race to Become Amazon's Second Headquarters

    The mayor and judge say they're still open to Amazon coming here but suggest Amazon may already have a city in mind. What Nirenberg says the city and county won't do is play into a bidding war.
    Poland's Magda Linette out of Tianjin Open

    Poland's Magda Linette out of Tianjin Open

    However, she has been in decent form in China and was a 7-5 6-3 victor against Magda Linette in the second round in Tianjin. Voegele collected four aces and took advantage of four double faults to dismiss Putintseva in 1 hour, 37 minutes.
    UAE stops issuing visas to North Koreans, ends diplomatic missions

    UAE stops issuing visas to North Koreans, ends diplomatic missions

    North Korea's nuclear tests and missile launches have stirred global tensions and prompted several rounds of worldwide sanctions at the U.N.
  • Supreme Court to look into plea on app-based cab services

    Supreme Court to look into plea on app-based cab services

    Jaising is amicus to the court in a case relating to grant of compensation to rape victims under the Nirbhaya scheme. This is a very wide grey zone - and one that the petition might help find answers to.

    Analyst cuts his forecast of 2017 Apple iPhone X production by 10%

    The smartphone also comes with a vertical-dual camera system, which includes larger and faster sensors. Not terribly long ago, a financial newswire said that Apple's yield for the iPhone X was 10% .
    GSA Capital Partners LLP Invests $552000 in Ulta Beauty Inc

    GSA Capital Partners LLP Invests $552000 in Ulta Beauty Inc

    Kensico Capital Management Corp holds 17.15% of its portfolio in Constellation Brands, Inc. for 5.76 million shares. Cleveland Research has downgraded Ulta Beauty (NASDAQ:ULTA) from Buy to Neutral in a report released on 10/12/2017.
  • US Supreme Court Dismisses Travel Ban Case

    US Supreme Court Dismisses Travel Ban Case

    Supreme Court Oct. 10 dismissed an appeal in one of the legal challenges of President Donald Trump's now-expired travel ban . Further, immigrants and nonimmigrants from North Korea and Syria will also be banned, as well as immigration by Somalians.
    October  13 is voter-registration deadline for November  17 election

    October 13 is voter-registration deadline for November 17 election

    Candidates for local offices and the State Supreme Court will be on the ballot, along with three statewide ballot propositions. Residents can register to vote by appearing in-person at a voter service and polling center through Election Day.
    DICE: Star Wars Battlefront 2 Loot Boxes were incomplete in the beta

    DICE: Star Wars Battlefront 2 Loot Boxes were incomplete in the beta

    And even though they don't always make comments, it's mainly because "we don't feel we can add anything useful to the discussion". There has been a lot of social media activity surrounding the loot crate issue, with EA employees receiving countless complaints.
  • Tutor Perini Corporation (TPC) Upgraded to Hold at Zacks Investment Research

    Tutor Perini Corporation (TPC) Upgraded to Hold at Zacks Investment Research

    Pinnacle Wealth Mngmt Advisory Gp Ltd Liability invested in 14,298 shares or 0.74% of the stock. (NASDAQ:STMP) for 98,714 shares. The company was maintained on Thursday, September 14 by Northland Capital. (NASDAQ:STMP) on Tuesday, January 12 to "Buy" rating.

    IDEXX Laboratories, Inc. (NASDAQ:IDXX) Valuation According To Analysts

    Bank Of Mellon Corp reported 0.11% of its portfolio in PACCAR Inc (NASDAQ:PCAR). 34,797 were accumulated by American Grp Inc Inc. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.10.
    (CBPO) With Shares Trading unchanged at $97.15 China Biologic Agrees to Acquire…

    (CBPO) With Shares Trading unchanged at $97.15 China Biologic Agrees to Acquire…

    Aviva Pcl reported 104,583 shares. (NASDAQ:CBPO), its shares were trading at $97.45 a retreat of $-2.46, on the trading floor. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover DISCK having a buy-equivalent rating.


Most liked

Banks plan clampdown on credit after warnings on debt mountain
The growth rate is down since late 2016, but it is still close to the rate last seen before the 2008 financial crisis. The latest figures suggested that lenders were heeding warnings from the Bank about spiralling household debt.

Stubble burning: Punjab to present 30 farmers before NGT
In Punjab's Sangrur district, a large number of farmers have started burning their stubble to press in their demands. This is not a political issue but this issue relates to the environment.

Microsoft Launcher for Android is now rolling out to all users
You'll be sent a link that will take you to the Play Store page for Microsoft Edge , where you can install the browser. We'll undoubtedly be hearing more about these apps once the Fall Creators Update for Windows 10 drops, so stay tuned.

Western Digital Announces Tech Breakthrough for Hard Drives
That honor now returns to hard drives thanks to a stunning jump reported Wednesday by Western Digital Corp. Only MAMR demonstrates the reliability and cost profile that meets the demands of data center operators.

Florida reports 1st locally acquired Zika case of year in Manatee County
Officials say there's no evidence of ongoing, active transmission along Florida's Gulf coast, or anywhere in the state. A locally transmitted case of Zika has been found in Manatee County, the Florida Department of Health said Thursday.

The NRA's phony concession on bump stocks invites a real ban
Although there are unconventional ways to alter semi-automatic weapons, it does not mean Congress should do nothing, Holguin said. The act, passed in 2005, says gun dealers and manufacturers can not be held liable for crimes committed with their weapons.

Verizon Communications Inc. (NYSE:VZ) & Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM
The stock of Enterprise Products Partners L.P. (NYSE:EPD) has "Overweight" rating given on Friday, August 4 by Barclays Capital. The company has mean EPS estimate of 0.56 reported by 2 number of analyst for the quarter ending Current Qtr.(Jun2017).

Stock Brushing a Recent High: Tetra Tech, Inc. (NASDAQ:TTEK)
SHOEMAKER LESLIE L sold $771,140 worth of Tetra Tech , Inc. (NASDAQ:TTEK) on Wednesday, January 25 with "Buy" rating. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock.

Quantbot Technologies LP Invests $684000 in Affiliated Managers Group, Inc. (AMG)
Over the past week, Affiliated Managers Group, Inc. (NYSE:AMG) has declined 5.60% since October 10, 2016 and is downtrending. Equities analysts forecast that Affiliated Managers Group, Inc. will post $14.61 earnings per share for the current year.

Spot Check on Stock With Abnormal Activity Infinity Pharmaceuticals, Inc. (NASDAQ:INFI)
Infinity Pharmaceuticals has a 12 month low of $0.84 and a 12 month high of $3.84. (NASDAQ: INFI ) for 90,720 shares. ILLEGAL ACTIVITY NOTICE: "Infinity Pharmaceuticals, Inc". 15 funds opened positions while 12 raised stakes.

Boyfriend indicted on murder charges in death of Wilde Lake teacher
Wallen's sister reported her missing on the evening of Labor Day, Monday, Sept. 4. An autopsy revealed that she was shot in the back of her head.

Real Goods Solar, Inc. (RGSE)- Bullish Movers Gaining Investors Attention
The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Knowing when to ride the surge rather than stay on the sidelines, can be a hard decision even for veteran investors.

'Several' people injured in shooting at Swedish marketplace
Trelleborg has been placed on lockdown by armed cops with reports that at least four people suffered gunshot wounds. Forensics team and a canine unit have also been dispatched to the scene of the incident.

Cantor Fitzgerald Maintains Rating And Lowers Price Target On Ardelyx, Inc. (ARDX)
The Manufacturers Life Insurance Company increased its position in shares of Ardelyx by 18.5% in the second quarter. Kcg Holdings, Inc. augmented its holdings by buying 4,302 shares an increase of 42.9% as of 06/30/2017.

Gautam Bambawale named India's Ambassador to China
Gautam Bambawale, an Indian foreign service officer of the 1984 batch is now India's high commissioner to Pakistan. In the position, he was responsible for relations with Japan, China and South Korea amongst other countries.